Email: enquiries@pcomproperty.com
+66 9 7072 6615 
Mon-Thurs 10am to 8pm local   Fri 10am to 4pm local   GMT +7  UAE+3  HK/SG -1
REQUEST A CALLBACK
Pcom Property - UK Buy to Let
  • Home
  • Properties
    • Riverside, Manchester
    • Digbeth, Birmingham
    • Salford Crescent Manchester
    • City Centre, Birmingham
    • Trafford, Manchester
    • Harrow, London
    • Burton-on-Trent, Staffs
  • Mortgages
  • Blog
  • Subscribe
  • Contact
  • Home
  • Properties
    • Riverside, Manchester
    • Digbeth, Birmingham
    • Salford Crescent Manchester
    • City Centre, Birmingham
    • Trafford, Manchester
    • Harrow, London
    • Burton-on-Trent, Staffs
  • Mortgages
  • Blog
  • Subscribe
  • Contact

A Piece of England

A UK buy to let property blog

Stay informed

Keep up to date with the Piece of England newsletter covering news and views from the UK property market
SUBSCRIBE

10/6/2022

Property increasingly used as a pension

 
A recent UK Government study shows that more and more people are turning to buy to let properties to boost their retirement income.
Picture
Image credit Nick Youngson CC BY-SA 3.0 Alpha Stock Images

Every few tears, the government does a deep dive into the statistics relating to the private rental sector. Their English Private Landlords Survey was published last month, which showed a substantial number of investors using property as part of their retirement planning.

When asked their reasons for investing in buy to let, 54% considered their properties as "a long term investment to contribute to their pension".

This is further borne out by the age demographic of property investors.
  • Their median age is 58, a small rise since 2008
  • Almost two thirds (63%) are aged 55 or older
  • Over 50% hold their property for more than ten years
  • 14% are more recent market entrants aged under 45

A higher proportion of investors now own more than one property. In 2010, 78% owned a single property. This has since fallen to 43%. The largest growth is in investors owning two to four properties, now representing 39% of landlords.

​Inflation has reduced the real value of people's pension funds by some 8% over the last year. The value of property, and the income from it, tends to keep pace with inflation over time.

We would never argue against a well structured pension plan, particularly one which attracts employer contributions or tax relief, however we firmly believe that property can play an important part in providing a diversified retirement income.

Comments are closed.
    Picture

    Manchester

    From £189,950
    DETAILS
    Picture

    Birmingham

    From £160,000
    DETAILS
    Picture

    Manchester

    From £119,995
    DETAILS
    SEE ALL PROPERTIES

PCOM PROPERTY

Helping expats acquire affordable, profitable and secure UK buy to let property
Home       Properties       Mortgages       Blog       Subscribe       Contact

PropertyCom Marketing Ltd
1108/31 Sukhumvit Road   Klong Toey   Bangkok 10110   Thailand
​
+66 9 2597 4045   8:30am to 5:30pm local   GMT +7  |  UAE +3  |  HK -1